Principles Of Corporate Finance 7th edition + Student CD

This is the worldwide leading text on the theory and practice of corporate finance. Throughout the book the authors show how managers use financial theory to solve practical problems and as a way of learning how to respond to change by showing not just how, but why, companies and management act as they do. The text is comprehensive, authoritative and modern and yet the material is presented at a common sense level. The discussions and illustrations are unique due to the depth of detail blended with a distinct sense of humour for which the book is well known and highly regarded. This text is a valued reference for thousands of practising financial managers. Contents Part I: Value 1. Finance and The Financial Manager 2. Present Value and the Opportunity Cost of Capital 3. How to Calculate Present Values 4. The Value of Common Stocks 5. Why Net Present Value leads to Better Investment Decisions Than Other Criteria 6. Making Investment Decisions with the Net Present Value Rule Part II: Risk 7. Introduction to Risk, Return and the Opportunity Cost of Capital 8. Risk and Return 9. Capital Budgeting and Risk Part III: Practical Problems in Capital Budgeting 10. A Project is Not a Black Box 11. Where Positive Net Present Values Come From 12. Making Sure Managers Maximize NPV Part IV: Financing Decisions and Market Efficiency 13. Financing Decisions and The Six Lessons of Market Efficiency 14. An Overview of Corporate Financing 15. How Corporations Issue Securities Part V: Dividend Policy and Capital Structure 16. The Dividend Controversy 17. Does Debt Policy Matter? 18. How Much Should a Firm Borrow? 19. Financing and Valuation Part VI: Options 20. Understanding Options 21. Valuing Options 22. Real Options 23. Warrants and Convertibles Part VII: Debt Financing 24. Valuing Debt 25. The Many Different Kinds of Debt 26. Leasing Part VIII: Risk Management 27. Managing Risk 28. Managing International Risks Part IX: Financial Planning and Short-Term Management 29. Financial Analysis and Planning 30. Short-Term Financial Planning 31. Cash Management 32. Credit Management Part X: Mergers, Corporate Control and Governance 33. Mergers 34. Control, Governance and Financial Architecture Part XI: Conclusion 35. Conclusion: What We Do And Do Not Know About Finance